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    <title>Simplification for procedure for compounding of offenses under Customs Act, 1962</title>
    <link>https://www.taxtmi.com/circulars?id=65821</link>
    <description>The compounding authority&#039;s satisfaction is confined to verification that the applicant has made full and true disclosure. The amendment makes the offense under section 135AA compoundable and mandates immunity where that offense alone is involved. Principal Chief/Chief Commissioners must run periodic outreach to increase use of compounding, and the Director General, Data Management must report each Zone&#039;s receipt, timely disposal of compounding applications (including disposal within six months) and the sums realized as compounding amounts.</description>
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    <pubDate>Tue, 23 Aug 2022 00:00:00 +0530</pubDate>
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      <title>Simplification for procedure for compounding of offenses under Customs Act, 1962</title>
      <link>https://www.taxtmi.com/circulars?id=65821</link>
      <description>The compounding authority&#039;s satisfaction is confined to verification that the applicant has made full and true disclosure. The amendment makes the offense under section 135AA compoundable and mandates immunity where that offense alone is involved. Principal Chief/Chief Commissioners must run periodic outreach to increase use of compounding, and the Director General, Data Management must report each Zone&#039;s receipt, timely disposal of compounding applications (including disposal within six months) and the sums realized as compounding amounts.</description>
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      <pubDate>Tue, 23 Aug 2022 00:00:00 +0530</pubDate>
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